Jeff was a subcontractor, bidding on a contract for ace corp., the general contractor. when adding up the total of materials and labor, jeff's secretary mistakenly moved the decimal point one place, ending up with a bid of $3500 rather than $35,000. ace corp. accepted jeff's bid, mostly because all the other bids were over $30,000. when jeff learned of the mistake, he tells ace corp. that he cannot do the job for $3500. if ace corp. sues to enforce this contract, what is the most likely result?

Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?

Amanda rice has just arranged to purchase a $640,000 vacation home in the bahamas with a 20 percent down payment. the mortgage has a 7 percent apr compounded monthly and calls for equal monthly payments over the next 30 years. her first payment will be due one month from now. however, the mortgage has an eight-year balloon payment, meaning that the balance of the loan must be paid off at the end of year 8. there were no other transaction costs or finance charges. how much will amanda’s balloon payment be in eight years

The advertisement demonstrates a popular way companies try to sell a product. what should consumers consider when it comes to the price of this product? it includes shipping and handling costs. it takes into account maintenance costs. it explains why this price is a good deal. it makes the full cost appears lower than it is.